FDIV
MarketDesk Focused U.S. Dividend ETF
FDIV is actively managed, investing primarily in US companies that are forecasted to raise their dividends. The fund constructs its portfolio using a quantitative dividend screening methodology with the goal of generating above-average income.
US
EQUITY
Active
MANAGEMENT STYLE
112.2 M
ASSETS UNDER MGMT
35 bp
EXPENSES
Fund Basics
| Fund sponsor | Alpha Architect |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Sep 19, 2023 |
| Assets (mns) | $112 |
| Expense ratio | 35 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BROWN-FORMAN CORP-CLASS B | 2.2 % |
| HERSHEY CO/THE | 2.1 % |
| SKYWORKS SOLUTIONS INC | 2.1 % |
| TARGET CORP | 2.1 % |
| SYSCO CORP | 2.1 % |
| DICK'S SPORTING GOODS INC | 2.1 % |
| LAMB WESTON HOLDINGS, INC. | 2.1 % |
| DOLLAR GENERAL CORP | 2.1 % |
| QUALCOMM INC | 2.1 % |
| MERCK & CO. INC. | 2.0 % |
Constituent Breakdown
| Number of holdings | 70 |
| Herfindahl-Hirschman Index | 159 |
| Wgt avg mkt cap (mns) | $71,068 |
| Large cap (>$10bn) | 79.9% |
| Mid cap ($2-10bn) | 19.1% |
| Small cap (<$2bn) | 1.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 93.9 % |
 |
BERMUDA | 2.9 % |
 |
BRITAIN | 1.9 % |
 |
CANADA | 0.9 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 10.9% | 18.0% | -- | -- | -- | -- | 18.6% | Volatility | 12.3% | 13.1% | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.81 | 58% |
| MSCI EAFE | 0.77 | 78% |
| MSCI Emg Mkts | 0.66 | 44% |
Liquidity Measures
| Avg. volume (000) | 17 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.12% |
| ADV of underlying (mns) | $18,020 |
Technical Indicators
| Recent close | $27.22 |
| 30d moving avg. | $28.61 |
| Annualized volatility | 12.7% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 0.2% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FDIV |
Expenses vs. FDIV |
ALTAR Score™ vs. FDIV |
|---|---|---|---|---|
| QDIV | Global X S&P 500 Quality Dividend ETF | 29.9% | -15 bp | +1.8% |
| VSDA | VictoryShares Dividend Accelerator ETF | 27.9% | 0 bp | +1.1% |
| SDY | SPDR S&P Dividend ETF | 27.6% | 0 bp | +0.3% |
| SNPD | Xtrackers S&P ESG Dividend Aristocrats ETF | 27.5% | -20 bp | +1.2% |
| FTDS | First Trust Dividend Strength ETF | 26.1% | +35 bp | +2.8% |
| KNGZ | First Trust S&P 500 Diversified Dividend Aristocrats ETF | 25.9% | +15 bp | +2.2% |
| RSPS | Invesco S&P 500 Equal Weight Consumer Staples ETF | 25.7% | +5 bp | +2.4% |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 24.9% | 0 bp | +0.1% |
| TMDV | ProShares Russell US Dividend Growers ETF | 23.4% | 0 bp | +0.2% |
| DURA | VanEck Durable High Dividend ETF | 20.1% | -6 bp | +1.8% |
Risk and Returns: FDIV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
FDIV
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
FDIV
6.1%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. FDIV's ALTAR Score™ is approximately
0.2 standard deviations
above
the category average. This places FDIV in the 57th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FDIVSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| FDIV (35 bp) Percentile rank | 20 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FDIV | 35.0 | 12.3 | 47.3 |
| Peer Avg. | 56.8 | 24.6 | 81.4 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .